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Ameritek Ventures (Ameritek Ventures) Equity-to-Asset : 0.04 (As of Dec. 2023)


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What is Ameritek Ventures Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ameritek Ventures's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.16 Mil. Ameritek Ventures's Total Assets for the quarter that ended in Dec. 2023 was $3.80 Mil. Therefore, Ameritek Ventures's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.04.

The historical rank and industry rank for Ameritek Ventures's Equity-to-Asset or its related term are showing as below:

ATVK' s Equity-to-Asset Range Over the Past 10 Years
Min: -14.51   Med: 0.06   Max: 0.77
Current: 0.04

During the past 10 years, the highest Equity to Asset Ratio of Ameritek Ventures was 0.77. The lowest was -14.51. And the median was 0.06.

ATVK's Equity-to-Asset is ranked worse than
96.24% of 3033 companies
in the Industrial Products industry
Industry Median: 0.56 vs ATVK: 0.04

Ameritek Ventures Equity-to-Asset Historical Data

The historical data trend for Ameritek Ventures's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ameritek Ventures Equity-to-Asset Chart

Ameritek Ventures Annual Data
Trend May11 May12 May13 May14 May15 May16 May17 May18 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -14.51 0.07 0.04

Ameritek Ventures Quarterly Data
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.08 0.07 0.06 0.04

Competitive Comparison of Ameritek Ventures's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Ameritek Ventures's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ameritek Ventures's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ameritek Ventures's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ameritek Ventures's Equity-to-Asset falls into.



Ameritek Ventures Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Ameritek Ventures's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=0.156/3.795
=0.04

Ameritek Ventures's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=0.156/3.795
=0.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ameritek Ventures  (OTCPK:ATVK) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Ameritek Ventures Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Ameritek Ventures's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Ameritek Ventures (Ameritek Ventures) Business Description

Traded in Other Exchanges
N/A
Address
401 Ryland Street, Suite 200A, Reno, NV, USA, 89502
Ameritek Ventures manufactures machinery that is used to manufacture optical fiber preforms. These preforms are then used to produce commercial grade optical fiber. The company's products can be used in the telecommunication industry. Ameritek's equipment provides the preforms that can be used to manufacture fiber optic cables.
Executives
Shaun Passley officer: Chairman, CEO and CFO 201 W. LAKE ST. 135, CH IL 60606

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